A typical homeowner with a “low” credit score will pay nearly $2,000 more each year - or almost double the price - for their insurance premiums than their otherwise identical neighbor with a “high” credit score, according to Penalized: The Hidden Cost of Credit Score in Homeowners Insurance Premiums| Consumer Federation of America
As part of a push for change in how car insurance is priced, the secretary of state is looking at how non-driving factors like age, credit score and ZIP code affect a driver's insurance rate, as a Sun-Times Watchdogs investigation found..| Chicago Sun-Times
Illinois saw the second-highest jump in home insurance premiums in the nation, partly fueled by claims after extreme weather events.| Chicago Sun-Times
State Farm is raising home insurance rates 27% due to inflation and severe weather, saying it's been spending more than it's taking in. But one Illinois lawmaker looking to limit rate hikes retorted, "Joe Schmo ain't buying that crap."| Chicago Sun-Times